HC Wainwright Initiates Coverage on Rezolve AI (NASDAQ:RZLV)

HC Wainwright began coverage on shares of Rezolve AI (NASDAQ:RZLV) in a report released on Tuesday, Marketbeat Ratings reports. The firm issued a buy rating and a $4.00 target price on the stock. HC Wainwright also issued estimates for Rezolve AI’s FY2025 earnings at ($0.30) EPS and FY2026 earnings at ($0.15) EPS.

RZLV has been the topic of a number of other reports. Maxim Group started coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They set a “buy” rating and a $10.00 price objective on the stock. Cantor Fitzgerald began coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They set an “overweight” rating and a $5.00 price target on the stock. Roth Mkm reiterated a “buy” rating and issued a $4.00 price target on shares of Rezolve AI in a research note on Wednesday, March 19th. Roth Capital upgraded Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, D. Boral Capital reiterated a “buy” rating and issued a $8.00 target price on shares of Rezolve AI in a research report on Friday, December 20th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $6.00.

Rezolve AI Stock Up 4.3 %

Shares of RZLV opened at $1.45 on Tuesday. Rezolve AI has a 52-week low of $1.19 and a 52-week high of $12.29. The business’s 50 day moving average is $2.09 and its two-hundred day moving average is $3.45.

Hedge Funds Weigh In On Rezolve AI

Institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. bought a new stake in shares of Rezolve AI in the 4th quarter worth approximately $38,000. Wolverine Asset Management LLC acquired a new stake in Rezolve AI in the fourth quarter worth $51,000. B. Riley Wealth Advisors Inc. bought a new stake in Rezolve AI in the fourth quarter valued at $88,000. RPO LLC acquired a new position in shares of Rezolve AI during the fourth quarter valued at $108,000. Finally, Two Sigma Investments LP bought a new position in shares of Rezolve AI during the fourth quarter worth about $110,000. 27.96% of the stock is owned by institutional investors.

Rezolve AI Company Profile

Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.